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Topic - Jude Mccartin

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  • Sen. Jeff Bingaman reported the Dec. 3 sale of between $250,001 and $500,000 in HSBC stock on forms he filed with the Senate on Dec. 8. Three days later, HSBC announced it agreed to the record settlement. (Associated Press)

    Senator reports stock sale before HSBC settlement

    Days before news broke this week that HSBC Holdings agreed to pay nearly $2 billion in fines to settle a federal money-laundering probe, a veteran Democratic senator disclosed selling off at least a quarter-million dollars worth of the company's stock, records show.

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